SMEs offered support to employ Apprentices under new grant scheme
SMEs across Peterborough and Cambridgeshire can benefit from a devolved grant from the Apprenticeship Grant for Employers (AGE) if they employ an apprentice aged 16-24.
The Apprenticeship Grant for Employers supports businesses that would not otherwise be in a position to support individuals aged 16-24 into employment through the Apprenticeship programme.
The scheme, which is administered by Peterborough City Council will offer grants of £2,000 for each apprentice aged 16-18 and £1,500 for each apprentice aged 19-24 at the time they start their Apprenticeship. The grant can be claimed for up to five apprentices in any year and will be paid into nominated bank accounts once the apprentice has completed 10 weeks on the Apprenticeship programme.
To be eligible for this grant companies must have:
- Fewer than 250 employers.
- Start a new employee or place an existing employee on an Apprenticeship programme on or after the 1 August 2016.
- Continuously employ an apprentice for a minimum of 12 months or the length of the Apprenticeship.
- Confirm that you are aware of and do not breach any state aid rules by receiving the grant.
- Pay the apprentice the legal minimum requirements or more.
- Ensure the apprenticeship is delivered by a training organisation that is funded by the government to deliver apprenticeship frameworks.
Qualifying apprentices must be aged 16-24, eligible to work in England, and be working with an employer in the Peterborough or Cambridgeshire region. Further information on apprentice eligible or the Apprenticeship Framework can be found on the Government website.
AGE is allocated on a first come, first served basis and is initially running until 31 December 2016 so if you would like to take advantage and employ an Apprentice or would like further information then please visit: www.apprenticeshipscambridgeshire.org/agegrant